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Updated over 14 years ago, 07/11/2010

User Stats

79
Posts
47
Votes
Jerome Harrod II
  • Professional
  • Baltimore, MD
47
Votes |
79
Posts

A new young member from Maryland

Jerome Harrod II
  • Professional
  • Baltimore, MD
Posted

Hello all BP members, Jerome Harrod here and from the looks of how this site is structured. This is a great site to not only use to market yourself, but a great place to meet, discuss, and befriend people and professionals all over the real estate industry as well.

Here is my Background:
I'm an 18 year old young man interested in real estate but with a career education headed into computer security industry as a certified ethical hacker for the government and a cyber cop for business large and small.
Which is something people don't notice, don't care to notice, or don't see often in my opinion, especially in my area of living.
My story of how I'm getting started is different from others and maybe even a unorthodox but so far I have seen little results. Ever since I was young, all I ever wanted to do was computer security and real estate. Growing up, I was more pushed to my computer passion and was almost talked out of my dream to do real estate. So the end result was me going to a Vocational School that teaches nothing but computers and computer security, after a while I saw that my love for real estate was greater than my love for computers. I knew what I wanted to do but I had no plan and little to no support from my family or anyone I knew to help me pursue a career in Real Estate.
Well Now, I'm in ITT-Tech a college that requires me to pay $20,000 every 2 years to be in. That means that the schoolwork I get, I must take seriously and learn what I came there to learn just based off how much I'm paying to go there.Now, I had to come up with a way to get my foot in the door of real estate, while taking care of school engagements and coming up with a way to pay back my student loans.

My only way to enter Real Estate under the financial pressure and stress I was in was to act as a NoteFinder in the Seller Financed Real Estate Note Industry. A Note Finder can simply be described as an someone who finds a noteholder willing to sell there note and matches them with an investor interested in purchasing them, and collect a 4% finders fee from the buyer. Which is all legal and have been upheld in courts across the nation.

Now a legal courts description of a finder is described as one who finds, interests, introduces, and brings parties together for a transaction – The principals themselves subsequently negotiate and consummate. In other words, a finder is a middleman who is not involved in the negotiating of any of the terms of the transaction between the buyer and the seller. Acting only as an introducing party which allows me more latitude to act in my own best interests. Essentially, as a finder, we are passing along information that we gathered ourselves – this information, along with our access to buyers, is our stock in trade.

I have studied this part-time due to college for well about a year, and in February of 2010 is when I decided to take action and start a small business called JK-NoteServices. So far in my career I have helped 4 people sell their notes, and currently I'm looking to be more active in this industry hoping it will open the door for me to be a real Real Estate Investor Flipping houses and buying foreclosures one day. Everything else about me is in my profile.

I hope to make alot of colleagues and friends, and to also find a mentor during my stay. Everyone needs to learn from someone, and I can only do so much on my own. I'm looking forward to being an active member here on biggerpockets.